Stocktoria
CECO ENVIRONMENTAL CORP CECO
CECO ENVIRONMENTAL CORP (CECO) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the grey zone. It pays a dividend yielding 0.15% (safety: no dividend). FY2025 revenue was $774.4M at a 6.5% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.38 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-06-10 | Lake Street | Buy (main) |
| 2026-06-10 | Needham | Buy (main) |
| 2026-04-29 | Needham | Buy (main) |
| 2026-03-26 | Needham | Buy (reit) |
| 2026-02-25 | Lake Street | Buy (main) |
| 2026-02-25 | Roth Capital | Buy (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.117 |
| Retained earnings / assets | 0.063 |
| EBIT / assets | 0.118 |
| Equity / liabilities | 0.566 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| CECO | CECO ENVIRONMENTAL CORP | 5/9 | 2.36 | 107.2 | +3.3% |
| PPIH | Perma-Pipe International Holdings, Inc. | 5/9 | 4.24 | 13.2 | +33.2% |
| FTEK | FUEL TECH, INC. | 5/9 | 0.41 | — | +6.1% |
| DCI | DONALDSON Co INC | 6/9 | 6.53 | 28 | +2.9% |
| VFS | VinFast Auto Ltd. | 4/9 | -13.01 | — | +57.9% |
| TM | TOYOTA MOTOR CORP/ | 7/9 | 2.55 | — | -1% |
| HMC | HONDA MOTOR CO LTD | 6/9 | 2.79 | — | +19.9% |
About CECO ENVIRONMENTAL CORP
CECO Environmental Corp. provides critical solutions in industrial air quality, industrial water treatment, and energy transition solutions in the United States, the United Kingdom, the Netherlands, China, and internationally. It operates through Engineered Systems and Industrial Process Solutions segments. The company offers emissions management, fluid bed cyclones, thermal acoustics, and separation and filtration solutions; engineering services and environmental systems; and industrial exhaust air contamination treatment and control systems, solutions, and services, as well as intelligent control solutions. It also provides engineered and configured products and solutions, including dampers and diverters, expansion joints, selective catalytic reduction systems, severe-service and industrial cyclones, dust collectors, thermal oxidizers, filtration systems, wet and dry scrubbers, separators and coalescers, water treatment packages, metallic and non-metallic pumps, industrial silencers, and fluid handling equipment, as well as plant engineering services and engineered design build fabrication services. In addition, the company offers solutions for air pollution and contamination control, fluid handling, and process filtration in various applications, such as aluminum beverage can production, automobile production, food and beverage processing, semiconductor fabrication, electronics production, steel and aluminum mill processing, wood manufacturing, desalination, and aquaculture markets, as well as it provides engineered industrial process heating solutions for process industries. It markets its power generation, hydrocarbon processing, water/wastewater treatment, oily water separation and treatment, marine and naval vessels, and midstream oil and gas sectors. CECO Environmental Corp. was founded in 1869 and is headquartered in Addison, Texas.
FAQ
Is CECO financially healthy?
CECO ENVIRONMENTAL CORP's Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does CECO pay a dividend, and is it safe?
Yes. CECO ENVIRONMENTAL CORP pays a dividend yielding about 0.15% with a None payout ratio, rated “no dividend” for safety.
How profitable is CECO?
In FY2025, CECO ENVIRONMENTAL CORP had a net margin of 6.5% and a return on equity of 15.5%.
Is CECO overvalued or undervalued?
CECO ENVIRONMENTAL CORP trades at about 55.4× trailing earnings — above its 10-year norm (10-year range 12.5×–157.7×, median 48.6×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for CECO?
The average Wall-Street price target for CECO ENVIRONMENTAL CORP is $108.20, about 42.7% above the recent price, from 5 analysts (consensus: strong buy).
Is CECO a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on CECO ENVIRONMENTAL CORP: a Piotroski F-score of 5/9, an Altman Z″ in the grey zone, a P/E of about 107.2×, a dividend yield of 0.15%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.